December, 2009

Ms-56 : Materials Management

1(a) Briefly discuss the functions of materials management.

(b) Discuss the business implications of the environmental issues in materials management.

2(a) Improper supplier selection leads to receipt of inferior goods and services. Explain what stages would you follow to make a proper selection.

(b) Discuss any two documents used in international purchase.

3. (a) Explain the Materials Requirement Planning (MRP) algorithm with the help of a flow chart.

(b) Define "Kanban System" and discuss its benefits in managing materials.

4(a) Describe an Economic Order Quantity (EOQ) model with shortages.

(b) Discuss uses of operations research techniques in materials management.

5(a) Describe the Mnemonic and Decimal System of codification.

(b) What are the various considerations to be made for controlling losses due to shrinkages/pilferages ?

6. (a) What is third-party logistics (3PL) ? Explain its benefits in context of materials management.

(b) Explain the SCOR framework for performance appraisal.

7. Write short notes on any four of the following :

(a) TQM in materials management

(b) Make or Buy decisions

(c) Process inventory

(d) Life cycle of spare parts

(e) Super organization

(f) ABC Analysis.